Richards Butler scoops Microsoft work

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Latest Briefings

Longer term tenancies? Potential implications for lenders

Walker Morris’ Housing and Banking Litigation experts Karl Anders, Justin Coley and Sandip Singh explain the UK government’s consultation on introducing longer-term tenancies in the private rented sector, with a particular focus on potential impacts for lenders…

Assessing creditworthiness in consumer credit: FCA publishes final rules and guidance

The results of a large-scale survey by the Financial Conduct Authority (FCA) in 2017 indicated, among other things, that: 75% of UK adults had one or more consumer credit products or loans in the previous 12 months; 4.1 million people were “in difficulty” because they had already failed to pay domestic bills or meet credit […]

Open Banking, fintech and the Brexit hokey cokey

By Miles Trower London is, arguably, the most important global hub for financial services. As a result, the consequences of the Brexit vote, the ensuing uncertainty and the eventual transitional and regulatory framework applying to UK financial services and how it will continue to access overseas markets has been subject to huge speculation. Much of […]

FCA consultation on a Global Financial Innovation Network

By Russell Kelsall On 7 August 2018, the Financial Conduct Authority (FCA) published a consultation on the creation of a Global Financial Innovation consultation. With innovation in the global financial services market rapidly increasing, it is important for firms to consider the options for building, implementing and sharing experiences of digital solutions.

Austria: The DPA’s strict view on retention periods

At the end of July, the Austrian Data Protection Authority (‘DPA’) published its first decision on retention periods applying the General Data Protection Regulation (‘GDPR’; DSB-D216.471/0001-DSB/2018). The decision is final. The DPA had to decide for which period a provider of telecommunications services (hereinafter: the ‘controller’) may (respectively must) retain so-called master data, required for […]

Recommended

New copyright regulations: great for Microsoft, not so good for e-commerce

Software companies look set to be hit by new copyright rules that came into force this month, as ministers ducked resolving what has become known as the ‘Microsoft Word problem’. The Copyright and Related Rights Regulations 2003 which implement Directive 2001/29 bolster the efforts of copyright holders to protect their intellectual property rights and extend […]

Lack of court resources undermines Woolf reforms

A lack of court resources was hindering access to justice, according to a survey of solicitors published last week. Nearly four out of 10 solicitors responding to a Law Society survey said that inefficient administration in court offices made an appreciable impact on their clients’ cases. This year’s Woolf Questionnaire, dealing with the impact of […]

KLM general counsel made redundant

KLM general counsel Leslie Mooyaart has been made redundant following a reorganisation of the Dutch airline’s head office function. An internal KLM source told The Lawyer that Mooyaart’s departure follows a consolidation of three of the airline’s departments: government and industry affairs, legal affairs and secretariat. He said the move was part of a cost-cutting exercise. “Mr Mooyaart’s […]

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Ruling closes child support loophole for self-employed

A loophole that allows fathers to avoid heavy maintenance payments was closed last week, when a single mother won an appeal that could force the Child Support Agency (CSA) to reopen up to 50,000 assessments. Helen Smith, a part-time office administrator, had her child support for her three children increased under the ruling from 11.29 […]

Lord Justice Sedley: courts are ‘rabbits in the headlights of the press’

Catherine Zeta-Jones famously laughed off the 1m GBP OK! Magazine paid for photos of her wedding to Michael Douglas as “not that much to us”, so one can only imagine how insignificant was the paltry 14,600 GBP damages they are to receive for the damage caused by the publication of unauthorised paparazzi pictures of their […]

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